The Premier League may only be a dozen fixture rounds into the 2023/24 campaign but the January transfer window is already fast approaching.
All 20 teams were scrutinised ahead of the beginning of the season, with many setting goals depending on the strengths – and values – of their squads.
Since then, some clubs have met expectations and others have exceeded them, while there are a few to have fallen well below par.
Squad market values up and down the division have fluctuated a lot since August as a result, causing plenty of shake-ups.
They could change plenty more come January, too, but for now, as we enter the November international break, they are set to stay put for a little while.
With that in mind, here are the updated standings of the Premier League 'squad values table', from the least valuable sides to the most, according to Transfermarkt.

17. =4th: Liverpool - £764.4 million
Most valuable player: Luis Diaz - £65.4 million | Liverpool FC via Getty Images

18. 3rd: Chelsea - £870.4 million
Most valuable player: Moises Caicedo - £78.4 million | Getty Images

19. 2nd: Arsenal - £960 million
Most valuable player: Bukayo Saka - £104.6 million | Arsenal FC via Getty Images

20. 1st: Manchester City - £1.1 billion
Most valuable player: Erling Haaland - £156.8 million | Getty Images